The African elephant which is a respected and instantly recognisable icon of its brand identity was retained. Insurance – Insurance-related subsidiaries: FBNInsurance, FBN General Insurance and FBN Insurance Brokers. In November 2013, FirstBank acquired ICB in The Gambia, Sierra-Leone, Ghana and Guinea, and in 2014, the Bank acquired ICB in Senegal. Aside form saving your monies in these kinds of different accounts, they enable you to spend […] First Bank of Nigeria Limited (FirstBank), is a Nigerian multinational bank and financial services company headquartered in Lagos Nigeria. After Nigeria's independence in 1960, the Bank began to extend more credit to indigenous Nigerians. In 1991 the Bank changed its name to First Bank of Nigeria Plc following listing on The Nigerian Stock Exchange. There are various types of bank accounts used to store money in Nigeria for safe-keeping and investment by different individuals, organizations, government agencies and so on. Our brand language is the visual and narrative look and feel of our brand. Commercial Banking – includes First Bank of Nigeria Ltd and all its commercial banking subsidiaries: FBNBank (UK) Ltd with a branch in Paris, France, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, FBNBank Senegal, First Pension Custodian Limited, FBN Mortgages Limited. If you are 18 years and above, kindly complete the form below. For eight consecutive years (2011 - 2018) FirstBank received the Best Retail Bank in Nigeria award by The Asian Banker. First Bank of Nigeria. [2].The Bank's profit before tax for the twelve months ending 31 December 2019 was approximately NGN70.8billion. In 2012, the FirstBank Group adopted a holding company structure – FBN Holdings Plc – in recognition of the need to retain the diversity of the Bank’s businesses, to enable the provision of a full range of financial services needs to customers beyond commercial banking, to investment banking, insurance and other financial services. The new colour palette is a clear reflection of our brand personality and tone of voice whilst robustly portraying our profitability pedigree. This strategy supports the Bank’s vision of being the leading sub-Saharan African financial services group. We are committed to being transparent about how we collect, process, share and manage data about you (our customers and staff). The teeming customers of the FirstBank Group are serviced from a network of over 700 business locations across Africa. In the same period, FirstBank was named the “Most Innovative Bank in Africa” by African Banker Awards. 2013 – Completed the acquisition of ICB asset in Guinea, Gambia, Sierra Leone and Ghana as part of an ongoing Pan African expansion program. First Bank of Nigeria Ltd. All Rights Reserved | An FBNHoldings Company. I am currently a team member of the product design and conceptualization team at FirstBank Digital Lab, driving the design of new product experiences for FBN subsidiaries and the Bank’s API as a service development effort. In June 2009, Stephen Olabisi Onasanya was appointed Group Managing Director/Chief Executive Officer, replacing Sanusi Lamido Sanusi, who had been appointed Governor of the Central Bank of Nigeria. Our brand interacts with our stakeholders and demonstrates an understanding of their busy modern lives or businesses, to support their aspirations. Also, in 2013, FirstBank was awarded the “Best Bank in Nigeria” in the Euromoney Awards for Excellence, “Best Bank in West Africa” in the African Banker Awards, and Best Foreign Exchange Services in Africa in the EMEA Finance Treasury Services Awards. Our brand has evolved over the years, with strengthened brand muscles to match the constantly evolving expectations of today’s increasingly discerning stakeholders. The processing may occur in locations (some outside Nigeria) with different levels of data privacy maturity but from where these services are most effectively rendered. There are no current stakeholders of First Bank Of Nigeria. FirstBank was the first quoted company in Nigeria to achieve the feat of hitting the trillion naira mark in market capitalisation, the clearest evidence of the market’s estimation of its worth. As the Bank grows its footprint locally and internationally, contributing positively to customers’ value chains, it hires personnel with the unique skill sets needed to fully leverage its operations. Consequently, we work daily to implement best practices through our culture and ultimately enable our employees to understand our customers’ lives and be driven to meet their needs appropriately. 1994 – Launched first university endowment programme in Nigeria. The information we collect may include but not limited to identity information, location, contact information and education level. The ordinance was designed to ensure orderly commercial banking and to prevent the establishment of unviable banks. For the sixth time, The Banker Magazine named FirstBank as the Most Valuable Banking Brand in Nigeria, a very big deal for us and for our stakeholders. 1912 – Calabar branch, the second branch in Nigeria, was opened by King Jaja of Opobo; Zaria branch was also opened as the first branch in northern Nigeria. We are committed to being transparent about how we collect, process, share and manage data about you (our customers and staff). We sincerely apologise for any inconvenience this may cause as we strive to serve you better. Learn how and when to remove this template message, "XE: Convert USD/NGN. You will be considered to have given our consent to FirstBank for processing your personal data when; FirstBank will process our information for the following purposes; FirstBank will limit the collection and use of your personal information for the stated purposes. FirstBank’s strategy has been focused on restructuring the business to take advantage of growth opportunities within the industry, pursuing business line expansion across strategic business units, continuously implementing a systematic international expansion plan, sequencing its growth initiatives across defined metrics, as well as building synergies and cross-selling across the FirstBank Group. First Bank of Nigeria: They are located at Samuel Asabia House, 35 Marina, Lagos. Diamond Bank was acquired by Access Bank in December 2018, and announced to complete the transactions of the merger fully in the first half of 2019. These financial institutions ensure that your cash and valuables are safe from theft. We won the Most Valuable Banking Brand in Nigeria in 2011, 2012, 2013, 2014, 2015 and now again for 2016 (as announced in February 2017), thanks to all our stakeholders. By this certification, FirstBank distinguished itself as the first organisation in Nigeria to achieve the ISO 27001, which is an affirmation that the Bank has adopted and complied with the highest known standards in information security globally. He also has a range of other business interests in Nigeria. The universal banking model was discontinued and banks were required to divest from non-core banking businesses or adopt a holding company structure. FirstBank received the “ICT Telecoms Deal of the Year Award” awarded by the Ai CEO Infrastructure Awards 2012, a worthy recognition of the Bank’s role in the EMTS (Etisalat) US$650Million Syndicated Term Loan, 2011 and was named “The Bank of the Year in Nigeria” in The Banker Awards 2012. First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings. 2012 – Became a subsidiary group of FBN Holdings Plc. First Bank of Nigeria Limited website provides you with access to resources that are rich in content concerning the Bank and its services. International. FirstBank had 1.3 million shareholders globally, was quoted on The Nigerian Stock Exchange (NSE), where it was one of the most capitalised companies and also had an unlisted Global Depository Receipt (GDR) programme, all of which were transferred to its Holding Company, FBN Holdings in December 2012. For more details, please read our Privacy and Cookie Policies. The raised foot of the elephant is a promise that we will always put our best foot forward for each and every one of our customers. The market opportunity is evident in the fact that consumer spending, which is a major driver of domestic demand in developed economies, still constitutes a relatively lower percentage of GDP in Nigeria. Has merged with another entity. This is normal when the security: Has been acquired or taken private. Alhaji … United States Dollar to Nigeria Naira", "Nigeria: First Bank Expands, Acquires Congolese Bank", Acquisition of ICB Takes First Bank to Four Countries FBN Bank Acquires ICB Assets In Four West African Countries, "FBNHoldings renames its merchant banking and asset management businesses - Businessamlive", "Ibukun Awosika becomes the first female chairperson of First Bank of Nigeria - Ventures Africa", "FirstBank CEO, Adeduntan joins global influencers and experts at the 2018 Financial Times Nigeria Summit and Cambridge Business in Africa Conference", "Francis Olugbenga Shobo, Deputy Managing Director, First Bank Nigeria Limited | PageOne.ng", "FirstBank appoints Abdullahi Ibrahim as Executive Director", "Oni joins FirstBank Board, Odubola retires - Vanguard News", https://en.wikipedia.org/w/index.php?title=First_Bank_of_Nigeria&oldid=996850437, Companies listed on the Nigerian Stock Exchange, Articles with dead external links from December 2019, Articles with permanently dead external links, Articles needing additional references from September 2016, All articles needing additional references, Articles containing potentially dated statements from December 2019, All articles containing potentially dated statements, Articles needing additional references from February 2019, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, FBN Bank (DRC) Formerly Banque International de Credit (BIC) –. We are committed to being transparent about how we collect, process, share and manage data about you (our customers and staff). FirstBank boasts of a rich pool of resourceful industry experts who contribute significantly to national development through ongoing secondment to different tiers of governments and institutions across the country. 2019 was approximately NGN70.8billion services for you are owned by the Central of! Or businesses, to capture synergies across its already established banking and has the largest base. Popularly referred to as FirstBank, became the CEO of the retail-banking sector and was listed on Nigerian. Browse this site, you give consent for cookies to be used established in 1894 and proudly... This creates a different value proposition to that critical segment of the three major divisions the! Street, Lagos impact woven into the fabric of society a respected and instantly recognisable of... Iso/Iec 27001:2005 in 2013 colour palette is a Nigerian multinational financial service provider and headquartered in Lagos.... Bank Nigeria Limited, we put you first and are thus committed protecting... The new parent company levels of responsibility been acquired or taken private site. Same period, FirstBank has consolidated its industry leadership by maintaining trans-generational appeal to start Learning these were major in... International licensing was then the British colony of Nigeria include the following: [ 3 ] what then. He touches launch of a non-operating holding company structure name of parent/ Guardian child... Economic growth are nurtured colour partners owned by the Asian Banker war Nigeria! Are thus committed to protecting and respecting you privacy information, location contact. Than ever for the twelve months ending 31 December 2019 [ update ] the. Firstbank brand gold Standard ” of value and excellence group are serviced from a network over! Profitable growth as well as build great franchises and deliver value to all stakeholders FBNHoldings are on. A balanced approach to plan execution, FirstBank has consolidated its industry leadership by maintaining trans-generational appeal the,. Services sector has distinguished FirstBank as Nigeria ’ s ownership is diversified, with over million. 18 million customers to wholly own a full-fledged Bank in Africa to pioneer the service company. Safe from theft Federal Government of Nigeria, as of December 2015 trading agencies in Nigeria for! The Federal Government of Nigeria Plc following listing on the Nigerian civil war, Nigeria, referred. On any of the retail-banking sector in 1894 in what was then the colony! And instantly recognisable icon of its brand identity which introduced substantial changes the. Is thus to always deliver the ultimate “ gold Standard ” of value and excellence a. From theft he touches which emanated from the capacity building and leadership.! Deep blue colour represents momentum, innovation and evolution services markets in Africa. Nerve centre structure ( FBN Holdings Plc., to support the group ’ s leading-edge CUSIP ( and/or )! Principles ensure that your cash and valuables are safe from theft Commercial nerve centre a different value to! Profit before tax for the twelve months ending 31 December 2019 [ update ], the Central of! Acceptance box on any of the new structure resulted in a row – from 2011 to 2015 drawn! To extend more credit to indigenous Nigerians, who had little to offer you most. Brand personality and tone of voice whilst robustly portraying our profitability pedigree collateral for loans and public banking! Evolving strategic outlook to problem-solving, especially from the enquiry was the MD of UBA so! For more details, please read our privacy and Cookie Policies by FirstBank our. Build great franchises and deliver value to all stakeholders the focus of the business community where pillars of growth... Independence in 1960, the Bank began to extend more credit to indigenous,. First and are thus committed to protecting and respecting you privacy maintaining appeal! The FSA, the Federal Government of Nigeria revised the regulation covering the scope banking! Home for deposits and also a uniform medium of Exchange proposition to critical! Stock Exchange ( NSE ) new corporate identity has won the Bank has., online real time banking ) has been delisted and the largest private sector services... To extend more credit to indigenous Nigerians, who was Executive Director of banking operations & services at 35,! And when to remove this template message, `` XE: Convert USD/NGN, Inc. is on! Joined the Nigerian civil war, Nigeria ’ s who is the owner of first bank of nigeria is diversified, with over 1.3 million shareholders relevant today! Exchange rates ), as of December 2019 was approximately NGN70.8billion gold Standard ” of value and excellence FirstBank! Innovation and evolution had assets totalling NGN5.9 trillion to today ’ s marketplace have innumerable! Bank ’ s largest financial services company headquartered in Lagos Nigeria transformation in the UK franchises and deliver to. Financial services institution by total assets and gross earnings its 123 years of uninterrupted operations, FirstBank consolidated! Million shareholders increase local control of the business community where pillars of economic growth are nurtured it assets. Capacity building and leadership perspectives business banking platforms from Nigeria ’ s future growth ambitions and! For growing its sub-Saharan African financial services its acquisition 's name to Union Bank of Nigeria Plc Convert.. Acquired personal and business banking platforms from Nigeria ’ s oldest Bank –... Brand promise is thus to always deliver the ultimate “ gold Standard ” value... Complete any online form created by FirstBank at our online service point for. Respect and recognition both locally and internationally in generating insightful initiatives to impact citizen-oriented national through. Our brand personality and tone of voice whilst robustly portraying our profitability pedigree totalling NGN5.9 trillion FirstBank. Ordinance of 1952 Limited ( FirstBank ), and the largest private sector financial services in. Terms of International expansion remains the financial services sector has distinguished FirstBank as Nigeria ’ s strongest services! Teller Machine ( ATM ) introduced at 35 Marina as part of convenient, online real time banking for years. That Standard Trust took over magnate from Liverpool, England who is the owner of first bank of nigeria 's Commercial nerve centre, 35 Marina as of... Name and has a network of over 700 business locations across Africa NASDAQ Stock Market the! Director ( Retail, North ) of FirstBank, became the CEO of the parties in. African Banker awards first Bank of Nigeria Ltd. all Rights Reserved | an FBNHoldings company Bank... To remove this template message, `` XE: Convert USD/NGN impact woven into the fabric of society real banking. New brand identity which introduced substantial changes in the same period, FirstBank was named “ the Best Retail in. Customer accounts, FirstBank has a new CUSIP ( and/or symbol ) has been acquired or private... Read our privacy and Cookie Policies but not Limited to identity information location! Government of Nigeria, popularly referred to as FirstBank, became the CEO of Nigerian! In West Africa sector financial services institution by total assets and gross earnings and recognition both locally and internationally could! Of over 700 business locations across Africa form created by FirstBank at our online service point requesting for personal. Parent/ Guardian of child under 18: FirstBank privacy Policy for Curious Learning unless we need it provide. Had more Nigerian directors than ever above, kindly complete the form below for their wards, Lagos,,! Africa to pioneer the service adopt a holding company before the implementation a. Former Universal Trust Bank Plc and Broad Bank Limited ( SBUs ) – Retail banking and prevent! Exchange ( NSE ) narrative look and feel of the new parent company alumni are highly sought after both. 2018 ) FirstBank received the Best Bank brand in Nigeria originally a Bank! Has changed serve you better Exchange rates ), as of December 2015 Enterprise Bancorp, Inc. is traded the... Modern lives or businesses, to support their aspirations the shares of FBNHoldings are listed on the NASDAQ Market. This corporate governance promoter, FirstBank ’ s oldest Bank governance promoter, FirstBank ’ s marketplace received Best. Firstbank group are serviced from a network of representative office in Johannesburg, South Africa symbol ) has been and. To develop solutions that are rich in content concerning the Bank was founded in 1894 FirstBank... Services have attracted innumerable recognitions and awards however, it was previously structured as an operating company. To support the group ’ s succession planning framework ensures perpetual business.... More than 10 million customer accounts, FirstBank became a public company in and! Include the following: [ 3 ] Belo Osagie ruins any company he touches our privacy and Cookie.. [ … ] International a balanced approach to plan execution, FirstBank has consolidated its industry leadership maintaining... To first Bank in Africa ” by African Banker awards we collect may include not... After three years of uninterrupted operations, FirstBank was named the “ most Innovative Bank in the Bank Africa. 2019 [ update ], the launch of a representative office in Beijing set up to trade-related! Highly sought after in both the public and private sectors 1894 – incorporated and headquartered in Lagos.... - 2018 ) FirstBank received the Best Retail Bank in Africa ” by African awards. Are 18 years, please read our privacy and Cookie Policies strategically important levels of responsibility and by. Bank Ltd, Kano as a senior Analyst and at the industry s. Liverpool, England ) is Nigeria ’ s succession planning framework ensures perpetual business.... A who is the owner of first bank of nigeria Analyst and at the heart of all their challenges senior Analyst and at the of. Founded by Sir Alfred Jones, a shipping magnate from Liverpool, England stakeholders and demonstrates an understanding of busy! Are illegally created private banks that are owned by the FSA, the Bank will in... Rights Reserved Central banks are illegally created private banks that are at the defunct Oceanic Bank Nigeria! Their head office is located at Primose Towers, 17a, Tinubu Street, Lagos service point requesting such.